Rockman Team

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DID YOU KNOW? Former Federal Reserve Chair Janet Yellen will serve as the 78th Treasury Secretary of the U.S, the first female in this role. Yellen, whose data-driven approach is pragmatic, was greeted with great confidence by the financial community around the globe. -

DID YOU KNOW? First it was Starbucks, then Whole Foods, then Banks that indicated neighborhood gentrification and real estate upside potential. These days Amazon, Google and Facebook are the biggest drivers of commercial real estate.... Google owns almost $40 billion worth and Amazon owned $39.2 billion in real estate at the end of 2019, up from slightly more than $1 billion in 2010. -

DID YOU KNOW? Lumber futures have shot up 24% so far in November, closing Thursday at $616.90 per thousand board feet. That’s a lot lower than the record $1,000 hit this summer during America’s pandemic-induced lumber binge. But it is nearly 90% more than the typical price for boards delivered in January. (WSJ) -

DID YOU KNOW? For the 13th time in 2020, mortgage rates set a new weekly record low on Thursday, according to data that Freddie Mac has been compiling for nearly 50 years. The average rate for a 30-year fixed-rate mortgage hit 2.81 percent for the week ending November 19, a drop from 2.84 percent the week prior. - https://buff.ly/3nRLJ7M!